our guest this john reed. a discussion of saving for retirement with paul taylor. live every day at 7:00 eastern on c-span. >> i think it's a pretty accurate that they do not live by the roles of both cases. i think they bend the rules to fit their circumstances. i think americans at all westerners tend to be a lot more legalistic and the things that we went in subcontract. once we see things are written on a contract, that is the be all and all. chinese will sign any contract or agree to any trade agreement and after the ink is dry they would try to figure out how to get around the requirements. it is just a relentless drive to get a head. it is what has built the place over the last 30 years. this relentless drive to get a head and to get better and to improve. they see some of the restrictions we put on them in terms of trade. they see that as we are trying to hold china down. we basically operated in a world without rules for years to build our economy up another we are up to the top are try to hamstring them or tie them up with rules and regulations to hold ch